...March 6, 2024 NEW YORK (S&P Global Ratings) March 6, 2024--S&P Global Ratings assigned its '###' rating and stable outlook to Williamson County, Texas' roughly $160 million series 2024 unlimited-tax general obligation (GO) road bonds and roughly $167 million series 2024 limited-tax GO notes and affirmed its '###' rating, with a stable outlook, on the county's existing GO debt. "We could lower the rating if budgetary performance were to become imbalanced, either due to increased fixed costs from high debt or sustained operating deficits, leading to a significant fund balance drawdown beyond the county's formal reserve policy," said S&P Global Ratings credit analyst Katy Vazquez. The stable outlook reflects S&P Global Ratings' opinion of the county's continued economic expansion, which we think will likely lead to continued multiyear positive operating performance and the maintenance of very strong reserves, as well as prudent financial management with key policies and practices that will...
